GME Jun 2024 30.000 put
- Yahoo Finance
GameStop stock tanks 15% during shareholder meeting as few details on strategy emerge
Chairman and CEO Ryan Cohen spoke briefly during the highly anticipated gathering, emphasizing the company's focus on achieving profitability. Beyond Cohen's opening remarks, the company did not give any further details on its strategy or future plans.
- Bloomberg
GameStop’s Ryan Cohen Says He’s Focused on Profits, Not ‘Hype’
(Bloomberg) -- GameStop Corp. Chief Executive Officer Ryan Cohen told investors he’s focused on achieving profitability at the ailing video game retailer and plans to avoid the “hype” that has buffeted the shares to extremes as part of the meme-stock frenzy. Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanThese Are the World’s Most Expensive Cities for Expats in 2024How the US Mopped Up a Third of Global Capital Flows Since CovidHedge Funds’ Secret Weapon
- Associated Press Finance
Gamestop shares slump following annual shareholder meeting
Gamestop's CEO Ryan Cohen said the struggling video game retailer will focus on cutting costs and long-term profitability in an annual shareholder meeting Monday. “We are focused on building shareholder value over the long term,” Cohen said in short opening remarks at the top of the call. Shares for Gamestop were down more than 12% following Monday's meeting.
